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LM Funding is proud to have helped hundreds of Condominium and Homeowner Associations across Florida since 2008.  As a publicly traded company with over 14,000 collection events under our belt, we have seen it all.  Find out how we can help you too!

Our Products

LM Funding Classic

LM Funding pays the “Safe Harbor” amount up front and covers all legal fees and costs. LM Funding retains collected interest and late fees and the association receives all recovered assessments. This product is ideal for Associations whose governing documents mirror Florida Statutes 718/720.

Complete Protection Plan

LM Funding pays the “Safe Harbor” amount up front and covers all legal fees and costs. Upon collection, LM Funding recovers its funding amount and legal expenses, the remainder of the proceeds are split with the association. This product is ideal for Associations whose governing documents are lacking the full powers provided by Florida Statutes 718/720.

Happy Clients

“LM Funding successfully monetized several of our units after Business Law Group foreclosed on them. Their expertise and additional resources were instrumental in making this happen. Now we have the pleasure of making improvements to the community with our new found money.”

Robert Lynch, Castle Gardens, Board President

“I joined and became the President of my board to help my community, not to manage attorneys. LM Funding deals with delinquencies and the attorneys so I don’t have to. It’s nice to know that a team of professionals are managing the entire process and with their technology it is seamless. When I need them, they are only a phone call away. Thanks, LM Funding!”

Everett Alder, Kings Point, Board President

“I did not realize how much we were paying for our attorney because the bills were ”deferred”. Come to find out, we were paying more in legal fees than we actually collected on many accounts. LM Funding has eliminated legal fees from our budget and provided us with needed cash flow as soon as accounts go delinquent. Being a volunteer board member is still tough, but I can assure you the help from LMF is much appreciated!”

Scott Davis, POD 10, Board President

“Over the past several years when the first contract was signed with LM Funding in reference to the many
foreclosed units at Itopia Private Residences the program was extremely beneficial to our community. The community received
income through the program and was able to continue maintaining the property. As time went by, LM Funding came up with another program
that was even better for our community given that several of the foreclosed units had been purchased. The community has gained immensely from
our partnership with LM Funding.”

Rosy C. Badwal, Itopia, Board President

News

What Are Association Special Assessments?

What Are Association Special Assessments?

Unexpected association expenses happen. One of the ways you can go about paying for them is a special assessment. These are special fees you charge your members on top of...
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Association Reserve Funding Methods: Pooled vs Component

Association Reserve Funding Methods: Pooled vs Component

Are you wondering about the best way to allocate reserve funds for your homeowners’ association or condo association? Here is what you need to know about two of the most...
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Does My Association Need a Reserve Study?

Does My Association Need a Reserve Study?

Few things are more frustrating for your association than dealing with unexpected repair and replacement costs. Repairs and replacements can eat away at your carefully-budgeted association funds, so it’s important...
Read More

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